Nuveen Preferred and Income
Nuveen Preferred and (NASDAQ: NPFI) is an exchange-traded fund listed on NASDAQ, trading at $25.17 (about ₹2,368 a unit) as of 13 Nov 2026, 2:45 PM ET. It has an expense ratio of 0.56% and holds 160 securities. Indian residents can buy NPFI through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.16
Today's high
$25.18
52 week low
$21.00
52 week high
$26.51
NPFI opened at $25.16, closed previously at $25.21, and has traded between $21.00 and $26.51 over the past 52 weeks.
About
This actively managed investment strategy aims to generate substantial current income and strong overall returns. It primarily allocates its assets, with a minimum of 80%, to preferred securities, supplemented by investments in other income-generating instruments.
Key statistics
Expense ratio
0.56%
Assets (AUM)
$164.5M
Holdings
160
NAV
$25.20
Avg. volume
24.72K
1-year price change
-4.46%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
NPFI holds 160 securities in total. These 10 are 14.2% of the fund.
Where the money is invested
Countries
How to buy NPFI from India
Indian residents can buy NPFI units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in NPFI from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search NPFI and buy
Find the fund by its ticker, NPFI, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your NPFI position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying NPFI from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the NPFI price today?
Nuveen Preferred and (NPFI) last traded at $25.17 on NASDAQ, as of 13 Nov 2026, 2:45 PM ET. That is ₹2,368 a unit at the 12 Nov 2026 USD/INR rate.
When does NPFI trade, in Indian time?
NASDAQ trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is NPFI, and what does it cost to hold?
Nuveen Preferred and manages about $164.5M. Its expense ratio is 0.56% a year, deducted inside the fund. It launched in 2024.
What are NPFI's largest holdings?
The top three are BANCO SAN VRN 12/31/99 (2.1%), SBL HOLDI VRN 12/31/99 (1.7%) and NATWEST G VRN 12/31/99 (1.7%). NPFI's 10 largest positions make up 14.2% of the fund.
Does NPFI pay dividends?
Yes. NPFI is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on NPFI taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of NPFI?
Yes. You can buy NPFI by amount rather than by whole unit, and there is no minimum trade size.
How has NPFI performed?
NPFI's price is down 4.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.